Platinum Top Stories

Sibanye to slash output to turn around US palladium mines

The miner recognized a $407 million impairment on the US operations due to a lower palladium price forecast.

Bloomberg News | September 12, 2024 | 6:41 am

South Africa’s platinum output back to pre-covid levels on job cuts

The World Platinum Investment Council says more than 10,000 jobs…

Staff Writer | September 12, 2024 | 4:45 am

Zimbabwe’s biggest miners seek $182 million for solar projects

Zimbabwe faces an energy shortfall that often triggers the state-owned…

Bloomberg News | September 11, 2024 | 11:13 am

Anglo American nets over $400m from platinum unit share sale amid demerger plans

An accelerated bookbuild offering of about 13 million shares of…

Reuters | September 11, 2024 | 6:17 am

Anglo American launches share sale in platinum unit amid demerger plans

The shares on offer represent about 5% of Amplats' total…

Reuters | September 10, 2024 | 10:15 am

Impala Platinum flags $1bn impairments after metal price plunge

The miner will publish its financial results on Aug.29.

Reuters | August 7, 2024 | 7:05 am

VIDEO: Cautious optimism in the mining sector as South Africa’s new government takes office

The sector employs nearly half a million people and contributes about 7% to the country's GDP.

Staff Writer | August 5, 2024 | 10:36 am

Generation Mining advances on permitting for PGM-copper mine in Ontario

Receipt of the few remaining approvals and permits required for construction is expected in the coming months, the company said.

Staff Writer | July 31, 2024 | 12:02 pm

Nornickel sticks to production outlook despite furnace repairs

The miner reported on Monday a 1% drop in nickel output for the first half of the year.

Reuters | July 29, 2024 | 6:58 am

Sibanye delays results release as it recovers from cyberattack

Publication of its second quarter and first half results has been rescheduled to September 12.

Staff Writer | July 25, 2024 | 9:56 am

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

Cecilia Jamasmie | July 25, 2024 | 3:46 am

South Africa mines lobby urges caution on minerals export tax

A more than six-fold increase in electricity prices since 2008 and erratic power supply have negatively affected local processing.

Bloomberg News | July 24, 2024 | 7:19 am

Deep-sea miner TMC plans to be ready to apply for licence

The Metals Company said current draft rules provide them with legal cover to submit an application at any time.

Cecilia Jamasmie | July 24, 2024 | 5:43 am

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats also said it had cut some 3,700 jobs to reduce spending ahead of the demerger.

Reuters | July 22, 2024 | 6:55 am

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